Question
a.Find the duration of a 6% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of
a.Find the duration of a 6% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of 6%. b. What is the duration if the yield is 6% and coupon payments occur semi-annually?
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Financial Risk Manager Handbook
Authors: Philippe Jorion, Global Association Of Risk Professionals
5th Edition
0470479612, 978-0470479612
